£212,178
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Mar 2018 |
| £150,000 | 11 Sep 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £170,000 results in an estimated price of approximately £212,178.
| 23 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £170,000 | £42,178 | £212,178 |
The Postcode Pricing Model uses changes in average sales price within the BL8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 133.851 % | £227,546 | £397,546 |
| 3 Month Average | 32.552 % | £55,338 | £225,338 |
| 6 Month Average | 49.505 % | £84,158 | £254,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £358,390 | £355,000 | 255 BRANDLESHOLME ROAD |
| 11 Apr 2022 | £356,667 | £347,750 | 183 SHERINGHAM DRIVE |
| 22 Mar 2022 | £345,746 | £335,000 | 14 SKEGNESS CLOSE |
| 14 Mar 2022 | £258,020 | £250,000 | 298 BRANDLESHOLME ROAD |
| 21 Sep 2021 | £348,803 | £325,000 | 3 SKEGNESS CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Sep 2017. Using an estimated price of £212,179 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on CROMER ROAD is 98 sq meters (1,057 sq feet).